Shares of The Coca-Cola Company (NYSE: KO) jumped about 1.3% on a day when many investors plowed back into equities. This came after the Trump administration announced a 90-day pause on reciprocal tariffs. However, KO stock only dropped about 6% since the tariff sell-off. That was consistent with the 6.8% average for consumer staples stocks.
So, it stands to reason that Coca-Cola's gains would be muted compared to beaten-down technology stocks. However, the question is, will KO stock be one to hold onto after the relief rally runs out of steam?
